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$695,000 -$30,000 (-4.14%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 0.29 Acres
  • Updated 15 hours ago
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Turnkey opportunity in the heart of Crosby! The Croft Kitchen & Bar is a well-established restaurant and bar known for its welcoming atmosphere, full menu, and craft cocktails. Featuring a modern dining area, full kitchen, bar, and pet-friendly patio, this property is ideal for an owner-operator or investor looking to step into a thriving business in a growing community. There are also two rental units currently being leased out for supplemental income. Prime downtown location close to the Cuyuna trails and year-round tourism make this a rare chance to own a local favorite.

Full Property Details for 7 1st Ave NW

General

  • Price: $695,000
  • Taxes: $3,808 (2024)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6784132
  • Updated: 3/26/2026
  • Added to Site: 184 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Parking

  • Garage: Yes
  • Garage Spaces: 4
  • Parking Features: Detached Garage, Parking Lot

Location

  • County: Crow Wing
  • Township: Crosby
  • Subdivision: Town Of Crosby
  • Driving Directions: FROM FOUR WAY STOP IN CROSBY HIGHWAY 6 & 210 TO FIRST AVENUE ON CORNER OF FIRST AVENUE AND FIRST ST

School Information

  • School District: 904 - Crosby-Ironton
  • High School District: Crosby-Ironton

Heating & Cooling

  • Cooling Type: Wall Unit(s)
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: None Available

Structural Information

  • Basement: Yes
  • Foundation Size: 1900
  • Disability Access: None
  • Current Bldg. Use: Restaurant
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.29
  • Lot Dimensions: 125*100*125*100
  • Potential Use: Restaurant, Income
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $3,808
  • Tax Year: 2024
  • Terms: Contract for Deed, Conventional, Cash

Disclosures and Reports

  • Legal Description: LOTS 29 & 30 BLOCK 9 & ALSO LOTS 31 & 32 BLK 9 EXC MINERALS
  • Inclusions: Building, Business
  • Property ID: 11120586

Listed by LPT Realty, LLC.

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Listing agents

— 7 1st Ave NW —

  • LPT Realty, LLC.

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 7 1st Ave NW

School District:Crosby-Ironton Public School District
NameGradesDistance
Cuyuna Range Elementary School
509 6th Avenue Northeast, Crosby, MN 56441
PK-60.6 mi
Crosby-Ironton Secondary
711 Poplar Street, Crosby, MN 56441
7-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7 1st Ave NW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/26/2026
Price Reduced
$695,000
-4.14%
MLS
9/24/2025
Listed
$725,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7 1st Ave NW

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,466
17%
$281,300
-6%
2024
$3,808
4%
$299,500
11%
2023
$3,648
—
$269,800
10%
2023
$3,648
-11%
$245,000
17%
2021
$4,090
10%
$209,900
26%
2020
$3,706
—
$166,200
-19%
2020
$3,706
-4%
$205,700
24%
2019
$3,844
2%
$166,200
-6%
2018
$3,774
1%
$176,500
20%
2017
$3,722
-9%
$147,240
18%
2016
$4,072
-3%
$124,400
-1%
2015
$4,192
-1%
$125,300
—
2014
$4,244
-5%
$125,500
-19%
2013
$4,455
—
$155,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by LPT Realty, LLC.

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7 1st Avenue NW, Crosby, MN 56441 (MLS# 6784132) is a Commercial property. 7 1st Avenue NW is currently listed for $695,000 and was received on September 24, 2025. Want to learn more about 7 1st Avenue NW? Do you have questions about finding other Commercial real estate for sale in Crosby? You can browse all Crosby real estate or contact a Coldwell Banker agent to request more information.

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